Background for instalments

instalments

/ɪnˈstɔːlmənts/ /ɪnˈstɔːlməns/

Illustration instalments - Image 1

noun

One of a series of parts, whether equal or unequal to the other parts of the series, of a given entity or a given process, which part presents or is presented at a particular scheduled interval.

Examples :

"We paid for the new washing machine in monthly instalments. "

business finance economy amount time process

Illustration instalments - Image 1

noun

One member of a series of portions of a debt or sum of money, which portions may or may not be equated (depending in part on whether the interest rate is fixed or variable), payment of which portions are serially exacted at regularly scheduled intervals toward satisfaction of the total. Payments of installments are generally mensual, quarterly, triannual, biannual, or annual.

Examples :

""I paid for my new washing machine in monthly instalments over two years." "

finance business economy amount

Illustration instalments - Image 1

noun

A part of a published or broadcast serial.

Examples :

"The TV show aired in instalments, with a new episode each week. "

media entertainment literature

Illustration instalments - Image 1

noun

The act of installing; installation.

Examples :

"The instalments of the new security system took several days, but now the office is fully protected. "

business finance

Illustration instalments - Image 1

noun

The seat in which one is placed.

Examples :

"The baby was safely nestled in the car seat's instalments. "